A Vital Part of Manchester United’s Stock Success

5/8/2013 6:23AM

As Manchester United’s manager Alex Ferguson announces his retirement, Peter Nurse looks at how closely tied Ferguson was to the success of the club’s flotation on the NYSE and reports on the latest speculation over his successor. Photo: Getty Images

This transcript has been automatically generated and may not be 100% accurate.

I ... the the ... it's it's ... a good ... news for the club's saw the feds ... it's also the bad news for the club's first as these that sets us why effects and so tied up ... with that of success ... is that ... the ... public actually flew to Tokyo stock Exchange ... lost all this um ... why the deal talks ... it would issue a bed that I was ... was was going to put in Nepal ... um they have a very ... big fine very soon enough all the world ... um ... but market conditions of the time ... it ... was going down very well ... so ... they've they've been continual the recent some ... of them a hug recently signed a joint seventh ... of April two thousand twelve are taken a toll ... on the copper Coast photo Small Cummings ... to IPO solos a financial ... reason behind the new ... year also it is oh nine American hostages out of basic says he bought back in two thousand five for one point four seven billion dollars worth of practice ... and ... he was meant to put on one tool today ... without purchase something which caused a few radicals among Monday night for the ... bulk of the House of the doubt basic since the weather the last results ... those were performance could come and gone very well ... a bit the stock itself was a ... was from two to fourteen dollars a share ... is not trade in over eighteen dollars a share ... become a DMA profits of ... over three off million pounds thousand dollars that's ... the five five while five Hoffman on Wednesday to honor the ... safest ever will ship Runs appreciate especially ... since its flotation okay so in six of course ... this has been that all this magic of twenty five years he really is ... in its wines with all its successes in losses and it's ... over twenty five years in front of the twenty seven is coming up to now ... but the following four wheel drive the Pope and no one knew how to call ... them ... in the in good that the major trophy ... for over twenty five years ... the probe ... the launch of the bidding would have been billed as the coaster ride full ... of some some some schools to ... be nothing short of the very impressive because this is the one that won thirteen of these cycles I mean what about noticing this idea ... I mean is one of the day and I'm the and is knowledge that he was a lot of the advantages and imagine them from fifteen twenty in all but admitted the reason the ... achieve that just two weeks ago saw Ferguson goes ... was going crazy or so this last week ... Libya where the plum job front so they will be less people interested ... the main person has been and his ... Legacy merino the real amount of ... PPP has said he wants to combat the pressure ... on the other person is ... also being talked about his them to mounting points but thank ...